Reuters
29 May 2026, 04:26 UTC · 18h ago
Source · https://www.reuters.com/business/environment/india-expected-have-below-average-monsoon-rains-2026-weather-office-says-2026-05-29/
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The Indian government forecasts below-average monsoon rains for 2026. — Reduced rainfall directly threatens agricultural productivity and overall GDP growth in a major emerging market.
-0.60This forecast marks the first time in three years that India expects below-average rains. — The end of a positive trend suggests a reversal in agricultural stability, increasing risk for food inflation and rural demand.
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